TECH - Micron Technology Plans Major US Expansion And Eyes Malaysia For HBM Production To Compete With SK Hynix And Samsung: Report | Benzinga
In a bid to compete with South Korean rivals, Micron Technology Inc. (NASDAQ:MU) is planning to expand its high-bandwidth memory chip production in the U.S. significantly and is also considering manufacturing in Malaysia.
What Happened: Micron, the leading U.S. memory chip maker, is constructing test production lines for advanced HBM chips in the U.S. and is contemplating HBM production in Malaysia for the first time, reported Nikkei Asia on Wednesday, citing sources. The move is aimed at capturing a larger share of the demand from the ongoing AI boom.
The company is aiming to more than triple its market share for HBM, a crucial component in AI chips, to the “mid-20” percentage range by 2025. This is approximately the same level as its share in the market for more conventional dynamic random access memory chips, which TrendForce data puts at about 23% to 25%.
Micron is expanding its HMB-related research and development facilities, including production and verification lines, at its headquarters in Boise, Idaho. The company is ...